by the global financial crisis, was by far the deepest and most synchronized of the four recessions. As the epicenter of … the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post …-war period in advanced economies, as many of them have struggled to overcome the legacies of the crisis. In contrast, most …

the global financial crisis, was by far the deepest and most synchronized of the four recessions. As the epicenter of the … crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post …-war period in advanced economies as many of them have struggled to overcome the legacies of the crisis. In contrast, most …